Details to follow...Asking Price: $275,000Property Type: Multi Unit (4Plex)Unit Mix: One 2br 1bth, Three 1br 1bthGross Monthly Rents: $2,200Monthly Expenses:$1,388 PITI ($1,052 annual taxes, $1,200 annual insurance)$220 Property Management (Using 10%)$200 Water/Sewer/Trash$0 Landscape (Desert Lanscape, I can handle myself)Total Monthly Expenses: $1,908Monthly Cashflow: $292I realize that I should be factoring in an additional 10% for repairs, and another 10% for vacancies.

I have mixed emotions on Section 8, but there is no room for emotion in investing.

Also, does this sound like too few letters and when should I add a new list to the mix?

Mix a solution of 40% bleach 60% water and add 1/2 cup of dawn dish detergent .

How those mix together, the experienced agent will understand by running through some questions and answers with you.

I work for community bank so I did have the latitude to work logic into the mix but a big bank will be strictly numbers.

Maybe the guy was new but it was specifically their real estate line.I'll start calling tomorrow, a mix of big, small, and specialized lenders.Thank you once again.

@Carole G.No large complexes, however have owned small apt. building, mixed use buildings, commercial buildings, farms, timber land, land subdivisions, etc.imho, there is a niche of say 5-20 units where its too small to have a full time manager, but if you manage yourself or have a part time manager it can work out for you.In the past I worked for a company that did a lot of management, and I've managed lots of places myself, and it is a given that nobody will manage your properties as well as you will.

One of my marketing campaigns turned up an interesting mixed use commercial property.

I have a mix of condos, townhomes and SFRs for rentals.